Coinbase has onboarded an international group of experts to assist its research and development around blockchain and quantum computing. Exchange CEO Brian Armstrong unveiled the Coinbase Independent Advisory Board on Quantum Computing and Blockchain on Tuesday through an announcement on X.
Coinbase, with this step, is looking to analyze the implications that quantum computing could have on the blockchain ecosystem.
According to the announcement, the advisory board will assessing the state of quantum computing and issue preventative recommendations for developers and corporates against potential threats from quantum.
“Quantum computers could have implications for blockchain/crypto. It’s important we’re thinking these through and preparing where necessary,” said Armstrong. “Security is our highest priority. Preparing for future threats, even those many years away, is crucial for our industry.”
Quantum computing uses advance mechanics like superposition and entanglement to systemize massive volumes of data and simultaneously solve problems that are difficult to crack for traditional computers.
Tech mammoths like IBM, Microsoft, Amazon, and Intel among others are developing the quantum technology solutions.
In October 2025, Google announced a major breakthrough which it claimed, brought quantum computing close to getting its first real world application. Google said, quantum computers can run a verifiable algorithm on hardware 13,000 times faster than the common computer.
Many from the advance tech industry, however, have raised concerns about the risks linked with the ushering of the quantum computing era.
Solana Labs co-founder Anatoly Yakovenko, for instance, has previously spoken about the implications of quantum computing on Bitcoin.
“I feel like 50/50 within five years there is a quantum breakthrough. We should migrate Bitcoin to a quantum resistance signature scheme. I would try to encourage folks to speed things up,” Yakovenko had said at the All-In Summit 2025 in Los Angeles, California.
Coinbase also believes that quantum computing could break the elliptic-curve cryptography that secures modern blockchains like Bitcoin and Ethereum.
“Preparing for that future requires collaboration across disciplines, rigorous cryptographic research, and proactive planning well before quantum computers become practical,” the exchange said in its announcement.
The advisory board created by Coinbase comprises of experts from the sectors of Web3, fintech, and IT.
Source: Coinbase
The board is slated to release its first position paper on the state of quantum computing in the “coming months” — aimed at setting a baseline to start the growth and risk assessment for the technology.